LED Joint Venture
Everlight Electronics Co. Ltd. of Taipei, Taiwan,
an LED packaging company, has announced a joint venture in WeJiang City, China.
The company will join LG Display Co. Ltd., an innovator in thin-film-transistor
LCD technology, and AmTran Technology, a display manufacturer specializing in computer
monitors and flat panel televisions, to form a new LED packaging company. The three
companies will pool their strengths and resources to provide state-of-the-art LEDs
for the backlit television market. The newly formed company is scheduled to start
mass production by year’s end with a capitalization of $30 million.
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